UK August Bank of England Mortgage Approvals: Economic Growth Momentum Weakens
On September 1, 2025, the Bank of England released mortgage approval data for August. The reported figure was 64,500 approvals, in line with the forecast of 64,500, compared to the previous value of 65,400.This indicator reflects the number of individuals applying for and receiving approval for mortgages and serves as a key gauge of potential growth in the housing market. Generally, an increase in applications and approvals signals strengthening economic momentum; however, the latest data indicates a slight weakening trend.This data is rated at importance level 3. It measures the number of new mortgage approvals for home purchases within the reporting month. The release frequency is monthly, with the next update scheduled for October 29, 2025.
this-content
disclaimer-th
